Tecumseh Products (TECU) Reports Q1 Loss Per Share of $0.17

Go back to Tecumseh Products (TECU) Reports Q1 Loss Per Share of $0.17

Tecumseh Products Company Reports First Quarter 2015 Results

May 5, 2015 4:15 PM EDT

ANN ARBOR, Mich., May 5, 2015 /PRNewswire/ -- Tecumseh Products Company (Nasdaq: TECU), a leading global manufacturer of compressors and related products, today reported an operating loss of $2.1 million and a net loss of  $3.2 million, or a net loss of $0.17 per share, on net sales of $159.3 million for the first quarter ended March 31, 2015. This compares with an operating loss of $5.8 million and a net loss of $11.1 million, or $0.60 per share, on net sales of $179.3 million for the first quarter of 2014.

"Tecumseh's first quarter 2015 results are in line with our expectations and have... More